Settings8H · net · $10k
Funding arb · Price arb /

AAPL

RWAall AAPL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0032%/8h= +3.5% APRpaid last 24h +0.010%
Price spread now: Lighter RH against SunX−0.029%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$96as in the Funding arb table
Net, price: spread back to 7d avg − costs−$103as in the Price arb table
costs, in and out, $10k−$1031.025% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.067%+$7 on $10k
Price spread, last 3 days (all we have)+0.061%+$6 · spread now −0.029%, 7d avg −0.029%
Together, before fees+0.128%+ Points / potential airdropLighter RH: Points live · farm board+$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.029%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX AAPL-USDT339.050get 0.0000% / 8h2h 08m$437$4.8M20x
ShortLighter RH AAPL338.950.0032get 0.0004% / 1h8m 32s$972K$3.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against SunX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$6.72
Price spread: −0.029% → −0.029%
−$0.06
Slippage, 4 orders
−$94.51
Fee SunX: 4 bp × 2 orders
−$8
Fee Lighter RH: 0 bp × 2 orders
$0
Net
−$95.85
Costs to cover
1.025%
Break-even
106.8 days
Slippage from SunX: live order book, 10 min ago; Lighter RH: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 10 min ago44.69 bp49.2 bp −$49doesn't fitdoesn't fitdoesn't fit
Sell Lighter RH live order book, 5 min ago0.29 bp0.9 bp −$12.7 bp −$2741.8 bp −$4,179doesn't fit

AAPL on 33 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX AAPLUSDC−0.0340%4h339.06+0.003%$81K$325K20xas long as short
Aster AAPLUSDT0.0000%8h339.07+0.007%$122K$291K20xas long as short
Extended AAPL_24_5-USD0.0000%1h339.01−0.011%$284K$1.5M10xas long as short
Binance AAPLUSDT0.0000%8h339.050.000%$22.3M$67.3M25xas long as short
Bybit AAPLUSDT0.0000%8h339.10+0.015%$6.2M$24.9M100xas long as short
OKX AAPL-USDT-SWAP0.0000%8h338.96−0.027%$6.6M$6.9M25xas long as short
Gate AAPL_USDT0.0000%8h338.85−0.059%$3.0M$4.2M100xas long as short
Bitget AAPLUSDT0.0000%8h339.07+0.006%$6.2M$3.3M100xas long as short
Variational Omni AAPL0.0000%8h339.07+0.006%$2.5M$1.4Mas long as short
GRVT AAPL_USDT_Perp0.0000%8h339.01−0.011%$14K$510K10xas long as short
Show all 33 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX AAPL-USDTlong0.0000%8h339.05long leg$437$4.8M20x
Deribit AAPL_USDC-PERPETUAL0.0000%1h338.82−0.068%$28K$65K10xas long as short
HTX AAPL-USDT0.0000%8h339.19+0.041%$53K$223K30xas long as short
Phemex AAPLUSDT0.0000%4h339.02−0.009%$2.1M$7K10xas long as short
BloFin AAPL-USDT+0.0028%8h339.11+0.018%$354K$165K20xas long as short
Lighter AAPL+0.0032%1h338.89−0.047%$761K$2.5M20xas long as short
Lighter RH AAPLshort+0.0032%1h338.95−0.029%$972K$3.8M20x
Vest AAPL-USD-PERP+0.0046%1h338.68−0.109%$43K25xas long as short
QFEX AAPL-USD+0.0049%1h338.93−0.035%$3.2M$5.0M10xas long as short
Polymarket Perps AAPL-USD+0.0050%1h338.75−0.088%$271K$384K10xas long as short
SoDEX AAPL-USD+0.0050%1h339.01−0.012%$75K$3K10xas long as short
Ondo Perps AAPL-USD.P+0.0050%1h338.72−0.097%$1.4M$2.3M20xas long as short
Nado AAPL-PERP+0.0084%1h338.73−0.094%$556K$35K20xas long as short
KuCoin AAPLUSDTM+0.0100%8h338.77−0.083%$1.4M$28K20xas long as short
ApeX Omni AAPLUSDT+0.0100%1h338.76−0.086%$946K$10.9M50xas long as short
Orderly PERP_AAPL_USDC_mythos+0.0100%8h338.91−0.041%$4K10xas long as short
Aevo AAPL-PERP+0.0104%1h339.00−0.016%$11K10xas long as short
Hotstuff AAPL-PERP+0.0128%1h338.98−0.021%$36K20xas long as short
Coinbase International AAPL-PERP-INTX+0.0144%1h339.00−0.015%$661K$675K10xas long as short
tradeXYZ xyz:AAPL+0.0219%1h339.00−0.015%$41.0M$77.0M20xas long as short
Injective AAPL/USDC PERP+0.0220%1h339.83+0.230%$191K$44K30xas long as short
Phoenix AAPL+0.0283%1h339.08+0.009%$2K$12K20xas long as short
Arcus AAPL-USD+0.0310%1h338.98−0.021%$270K$69K20xas long as short